401(k) · DOL Form 5500 · 2024

Methode Electronics, Inc. 401(k) Plan

Data updated 2026-08-25

$93M
Total assets Below avg plan size
407
Participants Below avg headcount
90th
Percentile by assets National rank
$229,063
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Methode Electronics, Inc. 401(k) Savings Plan · Sponsored by Methode Electronics, Inc. · Illinois · Manufacturing

$93M in assets, 407 participants

Methode Electronics, Inc.'s Methode Electronics, Inc. 401(k) Savings Plan reported $93M in total assets and 407 participants in its 2024 DOL Form 5500 filing, ranking in the 90th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #15,145 in Manufacturing (17,777 peers)

Where Methode Electronics, Inc. 401(k) Savings Plan sits by assets

Methode Electronics, Inc. 401(k) Savings Plan sits in the top 10% of all filed plans by assets, $93M for 407 participants (~$229,063/participant), up 0.1% in 2024.

#15,145
in Manufacturing (17,777 peers)
+0.1%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Methode Electronics, Inc. 401(k) Savings Plan's outsized position by total assets

Methode Electronics, Inc. 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$93,228,639 Top 10% higher than 90% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Methode Electronics, Inc. 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Methode Electronics, Inc. 401(k) Savings Plan sits mid-pack in the medium band (407 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Methode Electronics, Inc. 401(k) Savings Plan reported net income fell from $7M in the plan year 2023 filing to $126K in the plan year 2024 filing.
  • Methode Electronics, Inc. 401(k) Savings Plan reported participants rose from 388 in the plan year 2023 filing to 407 in the plan year 2024 filing.
  • Methode Electronics, Inc. 401(k) Savings Plan end-of-year assets rose from $93M in the plan year 2023 filing to $93M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 362090085 · Methode Electronics, Inc. PY 2024 · 401(k)

Methode Electronics, Inc. 401(k) Savings Plan · $93M · 407 · 90th

  • ASSETS $93M
  • ASSETS 407
  • ASSETS 90th
  • ASSETS 401(k)
  • ASSETS near Bamboo Hr LLC 401(k) Plan
  • ASSETS ind #15145

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Illinois →

Methode Electronics, Inc. 401(k) Savings Plan in the asset neighbourhood

Hx5, LLC 401(k) Profit Sharing PlanHx5, LLC 401(k) Profit Shari…$93MOklahoma State Pipe Trades Annuity FundOklahoma State Pipe Trades A…$93MMethode Electronics, Inc. 401(k) Savings PlanMethode Electronics, Inc. 40…$93MBamboo Hr LLC 401(k) Plan$93M401(k) Plan for Non-Secretarial Staff of Patterson Belknap Webb & Tyler LLP401(k) Plan for Non-Secretar…$93M
End-of-year total assets ($M) among Methode Electronics, Inc. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$93M
Net Assets (End of Year)$93M
Net Income$126K
Employer EIN362090085
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Methode Electronics, Inc.)

Sponsor-wide plan assets over time

All Methode Electronics, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$93M 8.56820989067221% vs 2022
2024 filing year
$85M$90M$95M 202220232024 $85.9M $93.2M ▲ +8.6%
Year Plans Participants Total Assets
2022 1 388 $86M
2023 1 388 $93M
2024 1 407 $93M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Methode Electronics, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Methode Electronics, Inc. 401(k) Savings Plan, Total assets ($B): 0.093228639 · Participants: 407Methode Electronics, Inc. 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Methode Electronics, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Methode Electronics, Inc. 401(k) Savings Plan side-by-side with 3 peers →

Methode Electronics, Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Bamboo Hr LLC 401(k) Plan in UT ($93M); by covered participants it is Groundswell 401(k) Plan in VA (407 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (407 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Methode Electronics, Inc. 401(k) Savings Plan assets move in 2024? ▼
Methode Electronics, Inc. 401(k) Savings Plan held essentially flat - up 0.1% during 2024, from $93M to $93M. Reported net income was $126K.
How have Methode Electronics, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Methode Electronics, Inc.'s sponsor-wide assets grew 8.6%, from $86M to $93M.
Where does Methode Electronics, Inc. 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Methode Electronics, Inc. 401(k) Savings Plan ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Methode Electronics, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bamboo Hr LLC 401(k) Plan in UT ($93M, 1,203 participants).
Which 401(k) plans cover a similar participant headcount to Methode Electronics, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Groundswell 401(k) Plan in VA (407 participants, $36M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 362090085.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.